New Car Dealers Market: ZIP 48101
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48101 is an urban area with low foot traffic. with a population of 28,128 and household incomes above the national median ($80,045).
Area Profile
28,128
Population
$80,045
Median Income
+7% vs. national
Urban
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 21.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48101.
13
Gas Stations
4.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$1,181
Median Gross Rent
$170 K
Median Home Value
4
Bank Branches
$510 K deposits
Tips for Starting a Ev Vs Gas Business in Michigan
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 13
- Bank Branches
- 4
vs. National Average
Median Income
+7% vs. $74,580
Walkability
-2.6 pts vs. national avg
Nearby Markets
48146
2.3 mi
Pop: 39,511
$57,183
Walk: 9.1
48122
2.3 mi
Pop: 12,605
$41,356
Walk: 9.0
48124
3.7 mi
Pop: 34,156
$78,353
Walk: 8.1
48195
3.8 mi
Pop: 29,551
$64,635
Walk: 8.9
48217
4.0 mi
Pop: 6,437
$46,671
Walk: 11.7
48125
4.0 mi
Pop: 22,156
$59,534
Walk: 7.8
48120
4.4 mi
Pop: 8,771
$66,667
Walk: 4.2
48180
4.6 mi
Pop: 62,405
$59,537
Walk: 7.6
Check Another Market
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits